Government backstop grows to 98% of new financing in residential mortgage-bond market during pandemic
2020-06-04
The U.S. government has guaranteed nearly all new home loans in the $11 trillion housing debt market in the months since the coronavirus tool hold across American, a situation that isn’t likely to change soon, according to Barclays. For decades, the majority of all U.S. home loans have ended up bundled into mortgage-backedContinue Reading